iPlayer Radio What's New?
Image for Is Short-Selling Beneficial?

Play now 18 mins

Is Short-Selling Beneficial?

Duration:
18 minutes
First broadcast:
Thursday 22 April 2010

Regulators across the world have taken differing views about how much to crack down on the controversial practice of short-selling, where investors bet that the price of a company's shares will go down rather than up. How much of a threat is this?

One of its legendary practitioners on Wall Street, Jim Chanos, defends short-sellers, describing them as financial detectives who uncover poor performance, or fraud. Patrick Byrne, the chief executive of the retailer Overstock.com, claims that Wall Street uses shorting to cheat Main Street America and destroy small companies.

Plus, we look at the dream job of Karen Rawson, chief sailing instructor with the UK company Sunsail.

And our African commentator Bright Simons muses on 'oil angst' in Ghana.

Broadcasts

Podcast

  1. Image for BBC Business Daily

    BBC Business Daily

    Examining the big issues facing the global economy, Business Daily demystifies the world of money.…

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Added. Check out your playlist Dismiss